EOD

Allspring Global Dividend Opportunity Fund

5.02 USD
+0.01
0.20%
At close Apr 30, 4:00 PM EDT
1 day
0.20%
5 days
3.08%
1 month
1.41%
3 months
0.60%
6 months
2.87%
Year to date
4.37%
1 year
10.57%
5 years
23.34%
10 years
-33.51%
 

About: Allspring Global Dividend Opportunity Fund is a diversified closed-end management investment company. Its primary investment objective is to seek a high level of current income. The fund's secondary objective is the long-term growth of capital. The fund allocates its assets between two separate investment strategies or sleeves. Under normal market conditions, the fund allocates approximately 80% of its total assets to an equity sleeve comprised of common stocks.

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

89% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 9

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

6% more funds holding

Funds holding: 47 [Q3] → 50 (+3) [Q4]

1% more capital invested

Capital invested by funds: $52.2M [Q3] → $52.7M (+$508K) [Q4]

0.5% more ownership

Funds ownership: 24.1% [Q3] → 24.6% (+0.5%) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for EOD.

Financial journalist opinion

Positive
Seeking Alpha
19 hours ago
EOD: Inconsistent Fund Of Equities And Debt Investments
Allspring Global Dividend Opportunity Fund offers a blended portfolio of equities and high-yield debt, with a 10% starting dividend yield but questionable distribution sustainability. EOD's performance is heavily reliant on positive market conditions and has shown inconsistency in covering its distributions, raising concerns about long-term dividend stability. The fund trades at a significant discount to NAV, but its reliance on below-investment-grade debt and an uncertain interest rate environment elevate its risk profile.
EOD: Inconsistent Fund Of Equities And Debt Investments
Positive
Seeking Alpha
1 month ago
5 Best CEFs This Month For Yields Up To 14%
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
5 Best CEFs This Month For Yields Up To 14%
Neutral
PRNewsWire
2 months ago
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C. , Feb. 25, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
Neutral
PRNewsWire
2 months ago
Portfolio Manager Change to the Allspring Global Dividend Opportunity Fund
CHARLOTTE, N.C. , Feb. 11, 2025 /PRNewswire/ -- The Allspring Global Dividend Opportunity Fund (NYSE American: EOD) announced today that Harin de Silva will be removed as a portfolio manager from the fund, effective March 31, 2025.
Portfolio Manager Change to the Allspring Global Dividend Opportunity Fund
Neutral
PRNewsWire
5 months ago
Closed-end funds advised by Allspring Funds Management renew share repurchase programs
CHARLOTTE, N.C. , Nov. 14, 2024 /PRNewswire/ -- The following four Allspring closed-end funds announced today that they will renew their open-market share repurchase programs: Allspring Global Dividend Opportunity Fund (NYSE: EOD) Allspring Income Opportunities Fund (NYSE American: EAD) Allspring Multi-Sector Income Fund (NYSE American: ERC) Allspring Utilities and High Income Fund (NYSE American: ERH) The funds' Board of Trustees has authorized the repurchase of an aggregate of up to 5% of each fund's outstanding shares in open-market transactions during the period beginning January 1, 2025 and ending December 31, 2025.
Closed-end funds advised by Allspring Funds Management renew share repurchase programs
Neutral
PRNewsWire
8 months ago
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C. , Aug. 14, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
Neutral
PRNewsWire
11 months ago
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Portfolio Manager Change on the Utilities and High Income Fund
CHARLOTTE, N.C. , May 30, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Portfolio Manager Change on the Utilities and High Income Fund
Negative
Seeking Alpha
1 year ago
EOD: Not A Bad Fund, But Not As Globally Diversified As We Would Like
The Allspring Global Dividend Opportunity Fund offers a high level of current income from common equities, providing potential capital gains and protection against inflation. The fund yields 9.48%, attracting investors seeking high yields from common equity funds. However, the fund's share price performance has declined significantly compared to the MSCI World Index, raising concerns about long-term returns.
Positive
Seeking Alpha
1 year ago
Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change
Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.
Positive
Seeking Alpha
1 year ago
5 Best CEFs This Month For 9% Plus Yield (February 2024)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
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